Classic Limestone Triplex in
711 MacDonough St Brooklyn, NY 11233
711 MacDonough St, Brooklyn, NY, 11233
$1,548,000
For Sale
$1,548,000
Three-story limestone triplex with modern touches, original details, and finished basement.
Property Size3,000 SF
Price / SF$516
Days on Market81
Property Features for 711 MacDonough St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency
Ben Bay Realty Co
(718) 238-6080
Listed by
Anthony Mussolino
(718) 238-6080
Source
Elliman
Added: Apr 28 Checked: Jul 17 at 6:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Bay Realty Co
Investment Insights
Based on property information with market context.
This classic limestone triplex in Bedford Stuyvesant features modern touches and a redesigned layout. The three-story building, with over 3000 sq. ft. plus a full finished basement, has been owned by the same family since 1950, with only one previous owner. Many original details remain, including woodwork, moldings, doors, and fireplaces. The first floor (garden level) includes a custom kitchen with granite countertops, an island, stainless steel appliances, a full marble bath, a sunroom with vaulted ceilings and garden access, and an oversized bedroom with two closets. It also features high hat lighting and central air. The sun-drenched second floor has high ceilings, two bedrooms, an en suite full bath with a tub, separate shower, and double sink, a laundry room with a full-sized washer/dryer, and a foyer with original woodwork and doors. The top floor features a three-bedroom rental unit with a full eat-in kitchen, bath, exposed hardwood floors, and large windows with original moldings. The fully finished basement has three rooms, suitable for a work-at-home space or children's play area, a full bath, and high ceilings. Custom closets are located throughout the building. The property includes a private backyard, suitable for entertaining and gardening. The house size is 20'x60' on the first floor and 20'x50' on the 2nd/3rd floors. Built in 1910, the property is one block from Saratoga Park and close to local amenities. The bike score is 86, the walk score is 93, and the transit score is 100.
Key Highlights
- Prime Location: Walker's Paradise (walkScore 93), Rider's Paradise (transitScore 100), Very Bikeable (bikeScore 86), and one block to Saratoga Park.
- Over 3000 sq. ft. plus a full finished basement, offering ample living space.
- Features a 3‑bedroom rental unit on the top floor for income potential.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $150.1k | $50.03 |
| − OpEx | −$45.0k | −$15.01 |
| NOI | $105.1k | $35.02 |
3,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 5.92%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-story limestone triplex with modern touches, original details, and finished basement.
Where is this triplex located?
The property is located at 711 MacDonough St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,548,000.
What are key features of this property?
This property features: Prime Location: Walker's Paradise (walkScore 93), Rider's Paradise (transitScore 100), Very Bikeable (bikeScore 86), and one block to Saratoga Park.; Over 3000 sq. ft. plus a full finished basement, offering ample living space.; Features a 3‑bedroom rental unit on the top floor for income potential.
